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IIBF BANK PROMOTION EXAMS MOCK TEST 2022

IIBF BANK PROMOTION EXAMS MOCK TEST 2022

BANK PROMOTION MOCK TEST:- Are you looking for Bank Promotions Mock Test or Study Material of Bank Promotions or looking for Bank Promotions Practice Papers then you are at the right site. Learning Sessions provides mock tests & Best Study Material for bank promotions exams at the lowest price in the market along with several free and sample Online Bank Promotions Tests. We cover all Public as well as Private Sector Banks.

Promotion is a process through which a banker is given a higher share of duties along with a higher pay scale. Every bank has its own promotion policy that commonly takes 3 to 4 years to promote their employee to the next level. Almost every year promotion process is conducted by every bank. Internal Promotion process consists of 2 steps: 

  • Written test and
  • Interview

Learning Sessions Offer FREE MOCK TESTS:

We offer a mock test that is free of cost for the bank promotion exams in every bank on all scales. 

Multiple choice question bank for bank internal promotion exams contains more than 2500 specially designed questions on every important topic in the banking syllabus followed by answers and hints to the selected questions. 

These mock tests will immensely help you in analyzing your preparation after going through them all. The questions are entirely relevant and will help you to prepare well for your internal promotional exams. The mock tests covers all topics ranging from Banking Regulation Act, Negotiable Instruments Act, foreign exchange, Non-Performing Advances, SARFAESI Act, Ratio Calculation – Liquidity Ratios, BCSBI, Balance Sheet Analysis, LCs etc 

You can even download the mock test that is provided down below (the pdf file link is given at the last of this article) on Bank Promotion Exams to test your conceptual clarity.

Try to solve the given mock test within the time frame of 10 Minutes & then check the answers from the answer key provided at the last of this article!!

Read Also:- BANK PROMOTION EXAMS STUDY MATERIAL IN HINDI ENGLISH

Complete this mock test sincerely & DO NOT by any chance look up for the answers before you have marked your answers!!

BANK PROMOTION EXAMS – MOCK TEST

No. QUESTION
1 What do you mean by impersonal Collateral security?

  1. A security that is in the intangible form.
  2. Collateral security is given by a third party.
  3. A guarantee is provided for securing the death of the loanee.
  4. Collateral security is given by the borrower but it is in the shape of goodwill & trademark
2 Any resident Indian may hold foreign currency notes as well as coins to the extent of ________. ($ = USD)

  1. They can hold up to 1000$ including notes and coins or its equivalent.
  2. They can hold up to 1000$ notes and 1000$ coins.
  3. They can hold up to 2000$ including notes and coins or its equivalent.
  4. They can hold up to 2000$ notes and coins up to any limit.
3 What does MUDRA bank stand for?

  1. Micro Units’ Development & Reconstruction Account
  2. Major Units’ Development & Refinance Agency
  3. Micro Units Development and Refinance Agency
  4. Micro Units Refinance Agency 
  5. Managing Units for Development and Reconstruction Agency
4 In the comprehensive approach, while taking collateral, banks will require to calculate their (collateral) adjusted exposure to a counterparty for capital adequacy purposes in order to take account of the effects of that collateral. Banks are required to adjust both i.e the amount of the exposure to the counterparty as well as the value of any collateral that is received in support of that counterparty to take account of future fluctuations that are possible in the value of either, occasioned by market movements. These are referred to as what?

  1. Cushions
  2. Deductions
  3. Discount
  4. Haircut
  5. Exemptions
5 UCPDC is Abbreviation for?

  1. Uniform Customs & Practices for Documentary Credit
  2. Uniform Codes & Practices for Documentary Credit
  3. Uniform Customs & Practices for Domestic Credit
  4. Uniform Customs & Procedures for Documentary Credit
  5. Uniform Practices for Documentary Credit
6 Which of the following statements are correct in respect of START-UP INDIA?

  1. Start-ups are started by Government of India with Initial corpus Rs. 2500 Crores
  2. It should have a total corpus of Rs. 10000 Crore for 4 years
  3. It stands for promoting bank financing for start-up ventures to boost the entrepreneurship and encourage startups by creating jobs
  4. All of the above
  5. None of the above
7 NPCI has developed the below infrastructure to suit all the bank requirements which is incorrect?

  1. UPI – Unified payment system
  2. IMPS – Indian money Payment services
  3. NACH – National Automated clearing house
  4. BBPS – Bharat Bill Payment System
  5. None of the above
8 If Garnishee Order is received without the description of amount,

  1. Full amount is required to be attached
  2. Ask for clarification immediately from court regarding the amount
  3. Issue a notice to customer about the order & the amount if any notice is received by him/her
  4. Account is not to be attached till the amount is clarified
  5. None of the above
9 What do you mean by shishu?

  1. This is category-1 under MUDRA scheme where up to Rs. 50,000.00 per loan (limit) can be financed
  2. This is loan product which designed by banks for minors
  3. It’s an online portal for students to open ZERO balance account.
  4. It’s a type of Deposit account in which up to Rs.50,000.00 can be deposited
  5. None of the above
10 What are the elements of Tier-I Capital?

  1. Paid-up equity capital, statutory reserves, & other disclosed free reserves, if any
  2. Capital reserves that represent surplus arising out of sale proceeds of assets
  3. Innovative perpetual debt instruments eligible for inclusion in Tier-1 capital, that comply with the regulatory requirements
  4. Perpetual Non-Cumulative Preference Shares i.e PNCPS, in compliance with the regulatory requirements
  5. All of the above

Important Topic:- IIBF BANK PROMOTION EXAM SYLLABUS 2021-2022

ANSWER KEY
1 b 6 d
2 d 7 a
3 c 8 a
4 d 9 a
5 a 10 e

 

You can download the PDF file of the above given Mock Test on BANK PROMOTION EXAMS of by hitting here.

You can also access the online Mock tests that are available free of cost by signing up on our website.

STUDY MATERIAL for BANK PROMOTION EXAMS

We also provide study material (in the form of Video lectures). This video study material is available in a mix of English & Hindi Language along with notes in Epdf notes for you to revise once you have gone through the video lectures. This study material will have the following contents:

Our Study Material includes:

    • Latest FULL VIDEO COURSE (covering General Banking, Legal Banking, forex & Accounting)
    • Previous Year Questions MOCK TESTS
  • One-Liners: for quick revision of syllabus/topics
  • Bank Promotion Awareness Capsule (pdf)
  • Latest Finance updates
  • Latest Rates
  • Latest Policies
  • Last 2 months financial updates
  • Compete Tests
  • Memory Recalled Questions
  • Epdf notes which will be accessible through our android app

Important Topic:- BANK PROMOTION EXAM DATE 2022, SYLLABUS, AND STUDY MATERIAL

Prepare yourself well in advance for the upcoming exams and all the very best for the same!!

Download “BANK PROMOTION MOCK TEST PDF” BANK-PROMOTION-MOCK-TEST-PDF.pdf – Downloaded 80 times – 396 KB

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